Common use of Service Crediting Clause in Contracts

Service Crediting. In determining whether a CareTrust Employee is vested in his or her account under the CareTrust 401(k) Plan, the CareTrust 401(k) Plan shall credit each CareTrust Employee with all the individual’s service credited under the Ensign Defined Contribution Plan.

Appears in 3 contracts

Sources: Employee Matters Agreement (Ensign Group, Inc), Employee Matters Agreement (CareTrust REIT, Inc.), Employee Matters Agreement (CareTrust REIT, Inc.)